Acutus Medical Inc reports results for the quarter ended in December - Earnings Summary

Acutus Medical

30/03/2022 22:01

* Acutus Medical Inc  AFIB.OQ  reported a quarterly adjusted
loss
of $1.12​​ per share for the quarter ended in December. The mean
expectation of six analysts for the quarter was for a loss of 83
cents per share.
    * Revenue rose 69.5% to $4.36 million from a year ago; 
analysts
expected $4.22 million. 
    * Acutus Medical Inc's reported EPS for the quarter was a
loss of
$1.12​.
    * The mean earnings estimate of analysts had risen by
about 0.8%
in the last three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * Acutus Medical Inc shares had fallen by 44.3% this
quarter.
    * The company reported a quarterly loss of $31.26 million.
    * Wall Street's median 12-month price target for Acutus
Medical
Inc is $5.00 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 4
"hold" and 1 "sell" or "strong sell." 

This summary was machine generated March 30 at 09:01 p.m.  ​All
figures in US dollars unless otherwise stated